Urgent.News

What's breaking now, across thousands of outlets.

Tech

Huawei and Qualcomm Struck a Broad Multi-Year Patent Licensing Deal

An anonymous reader quotes a report from Quartz: Huawei and Qualcomm on Monday announced a multi-year, broad patent license agreement covering 5G, artificial intelligence, compute, and networking technologies, along with Qualcomm's purchase of certain Huawei U.S. patents in those same fields. The deal is the first patent licensing agreement between the two companies to cover 5G technologies,…

Huawei and Qualcomm have announced a multi-year, comprehensive patent licensing deal that encompasses 5G, artificial intelligence, compute, and networking technologies. This marks the first time the two companies have entered into such an agreement for 5G technologies, according to Reuters. The agreement, which includes cross-licensing of both companies' patent portfolios, is expected to bring the cumulative value of Huawei's patent licensing deals above $6.9 billion once it is finalized.

All aspects of the transaction will be governed by fair, reasonable, and non-discriminatory (FRAND) principles. The deal must still obtain the necessary regulatory approvals before it can be completed. Huawei's intellectual property licensing unit has been profitable since 2021, with the company first making a licensing payment to Qualcomm in 2001 and receiving its initial licensing income from Motorola in 2011.

American export controls enacted in 2019 have significantly limited Huawei's access to advanced chips and essential software, prompting the Chinese tech giant to increase its research and development spending in recent years.

Written by urgent.news from Slashdot's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at yro.slashdot.org →

More in Tech

How to Test a WordPress Backup Restore (Before You Need It)

Untested backups aren't backups. They're hopes. Here's how to prove yours actually work — the full restore drill I run. What you need A scratch server or local environment (doesn't need to be…

  • Set up testing environment with same PHP version as production
  • Restore database from backup.sql file and verify wpoptions
  • Restore files to web root and update wp-config.php with new DB details

More from Monday 5 October →